Juniper Networks Price Target Increased to $30.50 by Analysts at Cantor Fitzgerald (JNPR)
Research analysts at Cantor Fitzgerald hoisted their price objective on shares of Juniper Networks (NYSE:JNPR) from $26.00 to $30.50 in a report released on Tuesday, Analyst RN reports. Cantor Fitzgerald’s target price would suggest a potential upside of 19.98% from the stock’s previous close.
Shares of Juniper Networks (NYSE:JNPR) traded up 0.39% during mid-day trading on Tuesday, hitting $25.42. 12,088,916 shares of the company’s stock traded hands. Juniper Networks has a 52-week low of $15.62 and a 52-week high of $25.96. The stock’s 50-day moving average is $21.69 and its 200-day moving average is $20.59. The company has a market cap of $12.837 billion and a price-to-earnings ratio of 34.08.
A number of other analysts have also recently weighed in on JNPR. Analysts at Wedbush raised their price target on shares of Juniper Networks from $20.00 to $21.00 in a research note to investors on Wednesday, October 23rd. They now have a “neutral” rating on the stock. Separately, analysts at UBS AG raised their price target on shares of Juniper Networks from $25.00 to $26.00 in a research note to investors on Wednesday, October 23rd. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Juniper Networks from $24.00 to $26.00 in a research note to investors on Wednesday, October 23rd. They now have a “sector perform” rating on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $22.76.
Juniper Networks, Inc designs, develops and sells products and services that together provide its customers with network infrastructure that creates responsive and trusted environments for accelerating the deployment of services and applications over a single network.
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